24, RAILWAY PARK CLOSE, LINCOLN, LN6 7AL - £127,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 RAILWAY PARK CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995. It was last sold for £127,000 in February 2022, which was around 34% below the average February 2022 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

24 RAILWAY PARK CLOSE Sold Prices

Land registry data shows two sales for 24 RAILWAY PARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. One of the two 24 RAILWAY PARK CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 FEB	£127,000	£191,791	34% below HPI
2004 23 JUL	£114,950	£110,073	4% above HPI

24 RAILWAY PARK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 24 RAILWAY PARK CLOSE sales from July 2004 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 24 RAILWAY PARK CLOSE be worth now?

24 RAILWAY PARK CLOSE might now be worth an estimated £133,423.

This is based on house price inflation of 5.1%, between February 2022 and December 2024, for semi-detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for 24 RAILWAY PARK CLOSE of £127,000 on 28th February 2022. For the value to have increased from £127,000 to £133,423 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 24 RAILWAY PARK CLOSE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The February 2022 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RAILWAY PARK CLOSE has not materially changed since February 2022.

How Large is 24 RAILWAY PARK CLOSE?

24 RAILWAY PARK CLOSE is 66m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 24 RAILWAY PARK CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 24 RAILWAY PARK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

24 RAILWAY PARK CLOSE: Plot and Title Map

24 RAILWAY PARK CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 24 RAILWAY PARK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 RAILWAY PARK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 RAILWAY PARK CLOSE?

24 RAILWAY PARK CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 24 on RAILWAY PARK CLOSE.